Published Date: 28-Feb-2023
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According to a new report, published by KBV research, The Global Organic Pet Food Market size is expected to reach $24.4 billion by 2028, rising at a market growth of 4.6% CAGR during the forecast period.
The Treats & Snacks segment is showcasing a CAGR of 5.3% during (2022 - 2028). Pet treats are utilized as the main product to encourage good behavior in animals, but pet snacks are often selected for enhancing the intake of nutrients and increased quality components. Often, snacks are baked goods like toasted grain and biscuit items or dried fruits and vegetables. Among other things, a dog can provide comfort and reduce muscle tension, respiration rate, heart rate, and blood pressure.
The Dogs segment acquired maximum revenue share in the Global Organic Pet Food Market by Pet Type in 2021 thereby, achieving a market value of $13.3 billion by 2028. Nuclear families are becoming more common, and consumers increasingly choose dogs for companionship and security. However, to be healthy, dogs also need a range of nutrients. Consequently, dog owners have focused on feeding their dogs high-quality pet food that contains crucial nutrients to keep them healthy. In the foreseeable future, demand for organic pet food is anticipated to rise as a result.
The Online segment has shown the growth rate of 4.9% during (2022 - 2028). The market has grown due to the straightforward availability of organic pet food across various locations, from current trade to online sales channels. Also, increased retail sales penetration has contributed to the market growth for organic pet food. With the accessibility of organic pet food on supplementary e-commerce platforms, customers now benefit from the convenience of buying without any physical limits.
The North America market dominated the Global Organic Pet Food Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9.5 billion by 2028. The Europe market is exhibiting a CAGR of 4.2% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/organic-pet-food-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Nestle S.A, Hill's Pet Nutrition (The Colgate-Palmolive Company), Mars, Inc., Cargill, Corporation, Avian organics, BiOpet Pet Care Pty Ltd, Diamond Pet Foods, Inc., Evanger's Dog & Cat Company, Inc., and Harrison's Bird Foods.
By Food Type
By Pet Type
By Distribution Channel
Unique Offerings from KBV Research
North America Organic Pet Food Market size & Opportunities 2022-2028
Europe Organic Pet Food Market & Growth Forecast 2022-2028
Asia Pacific Organic Pet Food Market Share & Industry Outlook to 2028
LAMEA Organic Pet Food Market Growth, Trends & Forecasts 2022-2028